Scienture Holdings, Inc. announced a securities purchase agreement with institutional investors to purchase 3,225,000 shares of common stock at $1.20 per share.
The gross proceeds for the offering are expected to be approximately $3.9 million before deducting fees and expenses.
The offering is expected to close on August 15, 2025, subject to customary closing conditions.
Offering Details
3,225,000 shares of common stock at $1.20 per share.
Gross Proceeds
Expected to be approximately $3.9 million.
Closing Date
Expected to be on August 15, 2025.
Placement Agent
Maxim Group LLC is the sole placement agent for the offering.
Regulatory Status
Offering made pursuant to effective shelf registration statement on Form S-3.
- The offering provides Scienture Holdings with additional capital for business operations and expansion.
- Participation of institutional investors indicates confidence in the company's growth potential.
The securities purchase agreement signifies a significant milestone for Scienture Holdings, enhancing its financial position and growth prospects.